Friday, April 05, 2013

TTG’s revenues increase 2% in 2012


News this week: Hong Kong-listed China.com has announced its financial results for the year ended 31st December 2012. The company reported revenues generated from its travel media business (TTG) were US$12 million, up 2.0% year-on-year.

China.com recorded revenues of US$18 million, an increase of 12% over 2011’s results. The remaining US$6 million in revenues were generated from its Internet business.

China.com attributed TTG’s increase in revenues to the successful results of two trade shows: Incentive Travel & Conventions, Meeting in China (IT&CM China) and Incentive Travel & Conventions, Meeting in India (IT&CM India). China.com’s revenue increases to due to organic growth in its Internet portal business.

This post is excerpted from BSG's weekly e-newsletter which is part of our subscription research service, BSG Tracker. Visit our website to find out more about this service. You can also follow us on Twitter for all the latest updates.

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